Republic Services (RSG) Stock

Republic Services, Waste Connections, and Waste Management are included in the Zacks Industry Outlook report.

The Zacks Waste Removal Services sector is expected to benefit from the increasing focus on ESG goals, along with advancements in technology and improvements in waste-to-energy (WTE) methods. Companies like RSG, WCN, and WM are likely to take advantage of this growing demand.

The Zacks Waste Removal Services sector is expected to benefit from the increasing focus on ESG goals, along with advancements in technology and improvements in waste-to-energy (WTE) methods. Companies like RSG, WCN, and WM are likely to take advantage of this growing demand.

RSG is gaining advantages from growing worries about the environment, fast industrial growth, and a rising population.

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Republic Services is a leader in waste collection due to its integrated operations, commitment to sustainability, and strong financial performance, which makes it a reliable option for growth. The company has considerable pricing power, a strong competitive advantage, and stable cash flows, making it appealing, particularly with its investments in renewable energy and recycling. Even though it has a high valuation, RSG's ability to perform well during market downturns and its fit with GARP investment strategies support its higher price.

Republic Services (RSG) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Republic Services' stock is gaining from fast industrial growth and the use of CNG for its vehicles. However, low liquidity is negatively affecting its performance.

I maintain a 'Buy' recommendation for Republic Services, setting a fair value at $238 per share due to strong growth and strategic plans. The company achieved a 4.2% increase in internal revenue and a 13.8% rise in adjusted EBITDA, with price hikes consistently exceeding cost inflation. Additionally, the new MPower fleet and equipment management system is anticipated to save $20 million each year and improve operational efficiency.